Dai DAI
Current Price
$1.00 +0.07%
$0.0022 Daily Range (0.22%)
$0.9988$1.00
$54.44M Daily Volume
831 BTC
Vol/MktCap: 1.30%
Market Performance
0.14% Relative BTC Volume
The total volume of Dai is $54.44M over the past 24 hours, compared to $39.00B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9998 +0.02%
13 SMA $1.0000 +0.00%
21 SMA $0.9999 +0.01%
55 SMA $0.9997 +0.03%
144 SMA $0.9997 +0.03%
Price Performance
+0.01% 1 Hour Change
$1.00 from $0.9999
+0.02% 7 Day Change
$0.0002 from $0.9998
+0.03% 14 Day Change
$0.0003 from $0.9997
+0.05% 30 Day Change
$0.0005 from $0.9995
All Time High
March 13, 2020
$1.22 -17.96%
-$0.2192 vs. now
24H Change
-27.66M USD -0.66%
-422 BTC
Volume and Supply
Total Supply: 4.18B DAI 
4.18B DAI Available100.01% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
209.09 x BTC Supply209:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
54.44M DAI
traded over past 24 hours
1.30% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Dai AI Market Analysis
Dai (DAI) is currently trading at 0.999771 USD, reflecting a slight decline of 0.02191% over the past 24 hours. The price has remained relatively stable, fluctuating between a 24-hour high of 1.001 and a low of 0.998256, indicating minimal volatility with a daily range of just 0.002744%.
The trading volume stands at approximately 60.8 million, which represents 1.45% of the market cap, suggesting a moderate level of interest from traders. Short-term moving averages show a slight bearish sentiment, with the 8 SMA at $0.9998 and the 13 SMA at $1.0000 both indicating minor losses, while the longer-term 55 and 144 SMAs have turned slightly positive.
The Relative Strength Index (RSI) for the past hour is at 47, indicating a neutral market sentiment, while the 7-day RSI is at 50, further confirming a lack of directional momentum. Price changes over various time frames show that DAI has gained approximately 0.03% over the last week, but has faced a 0.02% decrease over the past two weeks, contrasting with a more substantial gain of 0.09% in the last 30 days.
Considering DAI’s performance relative to its all-time high of 1.22, achieved in March 2020, the stablecoin continues to trade close to its peg to the US dollar, which is crucial for its utility in the crypto ecosystem. The recent price action, combined with the technical indicators, suggests a lack of strong bullish or bearish momentum at this time.
Given the current data, maintaining a stable peg to the dollar is paramount for DAI, especially as it operates as a stablecoin. Therefore, with the current market conditions reflecting minimal volatility and no significant bullish signals, a Hold rating is warranted for DAI, as it continues to serve its purpose without signs of a major shift in trend.
The trading volume stands at approximately 60.8 million, which represents 1.45% of the market cap, suggesting a moderate level of interest from traders. Short-term moving averages show a slight bearish sentiment, with the 8 SMA at $0.9998 and the 13 SMA at $1.0000 both indicating minor losses, while the longer-term 55 and 144 SMAs have turned slightly positive.
The Relative Strength Index (RSI) for the past hour is at 47, indicating a neutral market sentiment, while the 7-day RSI is at 50, further confirming a lack of directional momentum. Price changes over various time frames show that DAI has gained approximately 0.03% over the last week, but has faced a 0.02% decrease over the past two weeks, contrasting with a more substantial gain of 0.09% in the last 30 days.
Considering DAI’s performance relative to its all-time high of 1.22, achieved in March 2020, the stablecoin continues to trade close to its peg to the US dollar, which is crucial for its utility in the crypto ecosystem. The recent price action, combined with the technical indicators, suggests a lack of strong bullish or bearish momentum at this time.
Given the current data, maintaining a stable peg to the dollar is paramount for DAI, especially as it operates as a stablecoin. Therefore, with the current market conditions reflecting minimal volatility and no significant bullish signals, a Hold rating is warranted for DAI, as it continues to serve its purpose without signs of a major shift in trend.
Updated 288 minutes ago.
Dai Relative Price at Market Cap of:
Dai TradingView Chart
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